onlyTrustedInfo.comonlyTrustedInfo.comonlyTrustedInfo.com
Notification
Font ResizerAa
  • News
  • Finance
  • Sports
  • Life
  • Entertainment
  • Tech
Reading: Syria welcomes US move to ease sanctions imposed on it
Share
onlyTrustedInfo.comonlyTrustedInfo.com
Font ResizerAa
  • News
  • Finance
  • Sports
  • Life
  • Entertainment
  • Tech
Search
  • News
  • Finance
  • Sports
  • Life
  • Entertainment
  • Tech
  • Advertise
  • Advertise
© 2025 OnlyTrustedInfo.com . All Rights Reserved.
News

Syria welcomes US move to ease sanctions imposed on it

Last updated: May 24, 2025 10:38 am
Oliver James
Share
3 Min Read
Syria welcomes US move to ease sanctions imposed on it
SHARE

DAMASCUS, Syria (AP) — Syria welcomed Saturday the move by the Trump administration to ease sanctions imposed on the war-torn country, calling it a “positive step” to ease humanitarian and economic suffering.

A statement by the foreign ministry said Syria “extends its hand” to anyone that wants to cooperate with Damascus, on the condition that there is no intervention in the country’s internal affairs.

Saturday’s statement came a day after the Trump administration granted Syria sweeping exemptions from sanctions in a major first step toward fulfilling the president’s pledge to lift a half-century of penalties on a country shattered by 14 years of civil war.

A measure by the State Department waived for six months a tough set of sanctions imposed by Congress in 2019. A Treasury Department action suspended enforcement of sanctions against anyone doing business with a range of Syrian individuals and entities, including Syria’s central bank.

The congressional sanctions, known as the Caesar Syria Civilian Protection Act, had aimed to isolate Syria’s previous rulers by effectively expelling those doing business with them from the global financial system. They specifically block postwar reconstruction, so while they can be waived for 180 days by executive order, investors are likely to be wary of reconstruction projects when sanctions could be reinstated after six months.

The Trump administration said Friday’s actions were “just one part of a broader U.S. government effort to remove the full architecture of sanctions.” Those penalties had been imposed on the Assad family for their support of Iranian-backed militias, their chemical weapons program and abuses of civilians.

Trump said during a visit to the region earlier this month that the U.S. would roll back the heavy financial penalties in a bid to give the interim government a better chance of survival.

Damascus resident Nael Kaddah said now that the sanctions are being eased, the country will flourish again. He said Syrians will be able to transfer money freely, unlike in the past when there were several companies that monopolized the business and took large commissions on transfers.

“Now any citizen can receive a transfer from anywhere in the world,” he said.

Syria’s foreign ministry said dialogue and diplomacy are the best way to build “balanced relations that achieve the interest of the people and strengthen security and stability in the region.”

It added that the coming period in Syria will be reconstruction and restoring “Syria’s natural status” in the region and around the world.

You Might Also Like

McDonald raises $500,000 in one week for 2026 AG race

Schumer proposes ban on foreign-owned aircraft from serving as Air Force One

US military to create two new border zones, officials say

California is to examine its Amazon oil ties following pleas from Indigenous leaders from Ecuador

Prices for common baby items are rising due to Trump’s tariffs, congressional analysis says

Share This Article
Facebook X Copy Link Print
Share
Previous Article The Deadliest Jobs in America The Deadliest Jobs in America
Next Article Trump May ‘Want’ A Recession: Market Observer Says It Serves His Economic Agenda—Lower Rates, Oil Prices, And Trade Deficit Trump May ‘Want’ A Recession: Market Observer Says It Serves His Economic Agenda—Lower Rates, Oil Prices, And Trade Deficit

Latest News

Isiah Kiner-Falefa drives in winning run in bottom of the ninth to lift Pirates over Giants 5-4
Isiah Kiner-Falefa drives in winning run in bottom of the ninth to lift Pirates over Giants 5-4
Sports August 4, 2025
Raiders trade CB Jakorian Bennett to Eagles for DT Thomas Booker IV, AP source says
Raiders trade CB Jakorian Bennett to Eagles for DT Thomas Booker IV, AP source says
Sports August 4, 2025
Alonso pulls within 1 homer of Strawberry, but Mets fall to Guardians after comeback bid
Alonso pulls within 1 homer of Strawberry, but Mets fall to Guardians after comeback bid
Sports August 4, 2025
Red Sox ride Duran HR, strong outing from Bello to 6th straight win, beating Royals 8-5
Red Sox ride Duran HR, strong outing from Bello to 6th straight win, beating Royals 8-5
Sports August 4, 2025
//
  • About Us
  • Contact US
  • Privacy Policy
onlyTrustedInfo.comonlyTrustedInfo.com
© 2025 OnlyTrustedInfo.com . All Rights Reserved.